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49683 Housing Market Report June 2025•Benzie County, Michigan

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Housing Prices in 49683, MI

How much do homes in 49683, MI cost?

Housing Market Conditions

Is 49683, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

49683 is a Buyer's Market

Difference Since May 2025

Last month, 49683 was a Seller's Market.

Insight

49683 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$284,900$182/SqFt
+$74,900
+35.7%

Based on all homes sold in June 2025

Insight

Homes in 49683 have sold for 35.7% more than they did a month ago.

Summary: The median home sold price in 49683 was $284,900 in June 2025, up 35.7% from last month, and the median price per square foot was $182.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1-$60K
N/A
2--
N/A
3$210K$284.9K
+35.7%
4-$827.6K
N/A
5--
N/A

Summary: 49683 housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +35.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 49683, MI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

49683, MI

Housing supply in 49683, MI

How many homes are available in 49683, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
25Last MonthJun 2025
222 months agoMay 2025
+13.6 %
Change MoMMay – Jun

Summary: The 49683 real estate market had 25 homes for sale in Jun 2025, a 13.6 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJun 2025
52 months agoMay 2025
-40.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
122
0.0%
223
+50.0%
31314
+7.7%
445
+25.0%
511
0.0%

Summary: 49683 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +7.7%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 49683, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price0 Home

Insight

If you're buying a home in 49683, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 49683 in June 2025, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and and 33% were sold over asking.

Days on Market for 49683, MI

How long does it take to sell a home in 49683, MI?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in 49683 has remained consistent over time.

Summary: During June 2025, 3 homes were sold in 49683; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
80 DaysLast MonthJun 2025
37 Days1 month agoMay 2025
+114.8 %
Change MoMMay – Jun

Summary: Homes in 49683 had an average listing age of 80 days in Jun 2025, up by 114.8% compared to the previous month.

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Newest Listings in 49683, MI

What homes are available in 49683, MI?

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MLS Disclaimers and Copyright

Based on information from Northern Great Lakes Realtors MLS, RealComp II Ltd., and Michigan Regional Information Center LLC for the period 05/01/2025 - 07/01/2025

Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 7:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 7:40:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.